Traditional IRA
Individual Retirement Accounts (IRAs) were created to give wage earners a tax-deferred investment plan for retirement. Regardless of income or participation in other pension plans, taxes on Traditional IRA earnings are deferred until the money is withdrawn, usually during retirement when you will most likely be in a lower tax bracket. Many wage earners can also deduct some or all of their contributions to a Traditional IRA.
Comparing Your IRA Options
Traditional IRA – Questions & Answers
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